Category Archives: Estate Planning
Will My Florida Estate Be Taxed?
For many, one of the many attractive perks of living in Florida is the absence of many state taxes – there is no state income tax, and for many years running the state has had one of the lowest tax burdens in the country. However, when dealing with your estate planning, you may still… Read More »
What is an Advance Directive?
An estate plan is typically seen as a way to prepare for what happens to your assets and your property after you pass away. As important as this is, there is more to estate planning than simply deciding who gets what. Other estate planning instruments are designed to come into effect while you are… Read More »
Is A Holographic Will Valid In Florida?
When most people make a will, they do it with the help of an attorney, or at least with the assistance of friends to act as witnesses. However, in rare situations, a person might execute what is called a holographic will, which is a will made out entirely in the testator’s own handwriting (an… Read More »
Formal and Summary Probate In Florida
When a person passes on, their estate is subject to probate if they have any assets in their name that do not automatically pass to someone else. There are two different ways that an estate can go through probate in Florida – summary administration and formal probate. The estate of your deceased loved one… Read More »
The Importance of Estate Planning During the COVID-19 Crisis
The COVID-19 pandemic is affecting communities throughout our region. According to official data published by the Florida Department of Health 40,982 cases have been confirmed in the state as of May 12th. More cases are expected to arise in the near future. With so much uncertainty, it may be the right time to review… Read More »
Grounds for Contesting a Will in Florida
Although a will is meant to outline a person’s last wishes upon their death, sometimes there is still reason to contest it. Contesting a will means that you want to challenge the will and are going to ask the probate court to throw it out and consider it void. Not everyone in Florida can… Read More »
The Most Common Myths About Florida Probate, and the Truth Behind Them
The probate process is a mysterious one in Florida, with many not understanding the laws and what actually happens in probate court. As such, there are many myths surrounding the probate process and unfortunately, many people believe these untruths. Doing so is very dangerous, as it could mean that your property is not distributed… Read More »
Writing a Will in Florida? Make Sure You Meet the Requirements
It is always advisable that you have a last will and testament in place in the event that you pass away. Without one, your last wishes will not be fulfilled and instead, Florida’s intestate succession laws will dictate how your estate is distributed, who will care for any minor children that survive your death,… Read More »
Estate Planning Mistakes to Avoid
Although it is critical that everyone creates an estate plan so that their final wishes are fulfilled, it is just as important that those making a plan do not make some of the most common mistakes. These mistakes can hold up probate for surviving loved ones or worse, cause the courts to deem any… Read More »